Ethiopian Government Focuses on Private Sector as “engine” for growth

March 27, 2013 — Sinknesh Ejigu, Minister of Mines for the Federal Democratic Republic of Ethiopia in an interview with Tracy Weslosky, Publisher of ProEdgeWire (ProEdgeWire.com) discusses attracting investment capital into Ethiopia to enhance growth through teamwork, research and a clear economic policy.

Minister Sinknesh Ejigu starts: “The vision is to take our people out of poverty.” Explaining that government is not only regulatory, but supportive in function; the government is utilizing the private sector as an “engine” for development. Discussing the capitalization of the sizable natural resources, she describes the existing 135 mineral and 7 oil and gas companies presently in various stages of development. In conversation on the port development with Djibouti, she uses this example of their commitment towards economic growth and sustainability.